Vijay Mallya

Date of Birth: December 18, 1955

Zodiac Sign: Sagittarius

Biography

Vijay Mallya is an Indian businessman and former Member of Parliament (Rajya Sabha). He was born into the prominent Mallya family, known for their business ventures. Mallya took over as the chairman of United Breweries Group (UB Group) in 1983, at the young age of 28, after the passing of his father Vittal Mallya. Under his leadership, UB Group grew exponentially and became a significant player in the alcoholic beverages market, with its flagship brand Kingfisher Beer becoming a household name in India. In addition to his business acumen, Mallya is known for his flamboyant lifestyle and extravagant spending. He diversified his business interests into various sectors, including aviation with Kingfisher Airlines, which started operations in 2005 but ceased in 2012 due to financial difficulties. He also owned the Formula One team Force India and was involved in Indian Premier League (IPL) cricket through the Royal Challengers Bangalore team. Mallya faced legal challenges and financial scrutiny in the latter years of his career. He was accused of financial irregularities and defaulting on loans worth billions of rupees taken from various Indian banks. In 2016, he left India for the United Kingdom, and since then, Indian authorities have been seeking his extradition to face charges of money laundering and other economic offenses.

5 Interesting Facts about Vijay Mallya

1. Vijay Mallya owns a collection of rare and vintage cars, including a Ferrari 250 GTO, which is one of the most valuable cars in the world.

2. He was once known as the “King of Good Times” due to his extravagant lifestyle and the success of Kingfisher Beer.

3. Mallya’s Kingfisher Airlines was named after his flagship beer brand but eventually went bankrupt, leading to significant financial losses.

4. He has been a Member of Parliament in India, representing the state of Karnataka in the Rajya Sabha.

5. Mallya’s yacht, the Indian Empress, is one of the largest private yachts in the world and has hosted numerous celebrities and high-profile parties.

5 Most Interesting Quotes from Vijay Mallya

1. “I am what I am. I don’t regret anything.”

2. “In business, you have to take risks. Sometimes they pay off, sometimes they don’t.”

3. “Success is not just about making money; it’s about making a difference.”

4. “I have always believed that if you take care of your employees, they will take care of your business.”

5. “Life is short; one must enjoy it to the fullest.”

Highest Net Worth Achieved

At his peak, Vijay Mallya’s net worth was estimated to be around $1.5 billion.

Children

Vijay Mallya has three children: Siddharth Mallya, Leanna Mallya, and Tanya Mallya. Siddharth Mallya, also known as Sid Mallya, is an actor and television presenter and has been involved in various business ventures.